Probes Lifting Veil From Investment Banks
Investment Banks Corporate Fraud. When congressional investigators asked for records from investment bank UBS Warburg last week, they added a new twist to their examination of a particularly audacious case of alleged corporate fraud. But the move by the House Energy and Commerce Committee, which is probing charges of … [Read more...]
SEC Launches Probe Of Analysts
The SEC Launches Probe Of Analysts. The Securities and Exchange Commission is launching a formal inquiry into potential conflicts of interest between stock analysts and investment banks, the regulatory agency announced Thursday. The SEC investigation will examine if securities firms such as Merrill Lynch & Co.'s and … [Read more...]
